Naveen Jindal weighs bid for EU co Celsa
New Delhi: Jindal Steel's chairman Naveen Jindal is evaluating a 5-billion bid for European steel maker Celsa, people familiar with the matter said. He could face competition from other interested parties, they added.Jindal has been looking for a gateway into Europe to expand his global steel business after talks to buy Thyssenkrupp Steel didn't materialise. Jindal and Thyssenkrupp were engaged in exclusive negotiations for nine months before talks were terminated in the middle of this year.'At…
